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Weekly CEO Buys Highlight

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According to GuruFocus Insider Data, these were the largest CEO buys during the past week.

Perspecta

Perspecta Inc. (NYSE:PRSP) Director and CEO John M. Curtis bought 18,354 shares on July 15 at a price of $21.97. The price of the stock has increased by 5.87% since then.

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Perspecta provides end end-to-end, technology-focused solutions, leveraging the full spectrum of its offerings and industry expertise to ensure broader access to customers, capabilities and contract vehicles.

The company has a market cap of $3.74 billion. Its shares traded at $23.26 as of July 17.

Net loss for the three months ended on March 31 was $789 million compared to a loss of $19 million for the prior-year quarter.

Director Philip O. Nolan bought 4,585 shares on July 13 at a price of $21.97. Since then, the price of the stock has increased by 5.87%.

AZZ Inc.

AZZ Inc. (NYSE:AZZ) President and CEO Thomas E. Ferguson bought 10,000 shares on July 14 at a price of $28.94. The price of the stock has increased by 11.4% since then.

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AZZ is a United States-based company that provides various industrial solutions, specialty electrical equipment and engineered services. The company operates through two segments, Energy and Metal Coating.

The company has a market cap of $844.53 million. Its shares traded at $32.24 with a price-earnings ratio of 26.00 as of July 17.

Net income for the first quarter of fiscal 2021 was $5.5 million compared to $21.3 million for the prior-year quarter.

President and General Manager of Electrical Platform, Ken Lavelle, bought 5,500 shares on July 15 at a price of $30.83. Since then, the price of the stock has increased by 4.57%.

For the complete list of stocks bought by their company CEOs, go to: CEO Buys.

Disclosure: I do not own stock in any of the companies mentioned in the article.

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This article first appeared on GuruFocus.